109 12th StApalachicolaFL32320
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Apalachicola at 109 12th St, Apalachicola, FL, 32320 offers $1,860/mo rent that, after a $1,395/mo payment. Total monthly income is $1,860/mo. Return on cash invested measures 19.51% in year one, and rental yield stands at 7.83% at a $285,000 entry. Equity gained on principal adds $1,839/yr while 5% annual appreciation compounds into $78,740 by year five. Five-year ROI records 101.29% and total cumulative return in cash reaches $95,694. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,860/mo property income versus a $1,395/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32320, Apalachicola, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,109 (100%) |
| Owner Occupied HU | 1,298 (61.5%) |
| Renter Occupied HU | 432 (20.5%) |
| Vacant Housing Units | 379 (18.0%) |
| Median Home Value | $321,831 |
| Average Home Value | $360,963 |
Housing Distribution
Address Breakdown
Residential
1,618
Single Family
1,616
Multi-Family
2
Businesses
162
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Listed by: Terry Lamm • CENTURY 21 AllPoints Realty
Mls Name: CPAR
Mls ID: #778147